This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The CPI somewhat overstates changes in the cost of living because it does not allow for ... (Read 11 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
on: Apr 19, 2019

Question 1

Related to the 
Economics in Practice on p. 453: If a retiree's pension is tied to the CPI, her monthly pension check would tend to grow ________ if the pension is tied to the ________ CPI.


◦ slower; fixed-weight
◦ faster; chain-linked
◦ faster; fixed-weight
◦ The check would grow at the same rate regardless of the type of CPI to which it is tied.

Question 2

The CPI somewhat overstates changes in the cost of living because it does not allow for substitutions that consumers might make in response to price changes.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by cherise1989 on Apr 19, 2019

paavo

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


cherise1989

  • Member
  • Posts: 555
Reply 2 on: Apr 19, 2019
Wow, this really help

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Classification of Living Organisms Classification of Living Organisms
Wandering Albatrosses have the largest wingspan of any living bird. Wandering Albatrosses have the largest wingspan of any living bird.
Possible relationships between fossil and living primates. Possible relationships between fossil and living primates.
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Children with emotional or behavioural problems living with both parents vs divorce Children with emotional or behavioural problems living with both parents vs divorce
Video: Embryonic development - week 1 and 2

For a complete list of videos, visit our video library